Taxes
Latest News
IRS Updates Clean Vehicle Tax Credit FAQs
Wolters Kluwer Acquires European Tech Portfolio, Including CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin
IRS Chief Receives NATP’s Inaugural Vanguard Award
Growth Seen in Pilot Program that Reduces Barriers to Finishing CPA Licensure Education Requirement
![IRS Website](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2021/11/IRS_Website.6195678bdabc6-768x514.png)
IRS Adds Features to Tax Pro Account for Managing Client Authorizations
New additions to Tax Pro Account, available through IRS.gov, will help practitioners manage their active client authorizations on file with the Centralized Authorization File (CAF) database.
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House and Senate Pass Last-Minute Bill to Avoid Government Shutdown
The Senate overwhelmingly passed bipartisan legislation Saturday to avoid a disruptive U.S. government shutdown, sending the bill to President Joe Biden for his expected signature just hours before a midnight deadline.
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Government Shutdown Likely Averted with Last-Minute Temporary Spending Deal in House
The latest House stopgap bill passed with the support of 126 Republicans, while 90 GOP lawmakers voted “no.” Only one Democrat, Rep. Mike Quigley, D-Ill., opposed it, over the omission of Ukraine aid.
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Pop Singer Shakira Charged with Tax Evasion for Second Time
Spanish prosecutors claim she failed to pay $7.1 million in taxes in 2018 and is using an offshore company to avoid paying taxes.
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IRS’s Government Shutdown Plans Include Furloughs and Few Services
Contingency plan calls for the IRS to furlough two-thirds of its workforce and press pause on most core tax administration functions.
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AICPA Asks IRS to Release Contingency Plan in Case of Government Shutdown
The letter goes on to express concern that an October shutdown of the government will likely impact the timely processing of extended 2022 tax returns due by Oct 16, 2023.
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Ways and Means Votes to Release More of Hunter Biden’s Tax Documents
The House panel voted along party lines to disclose additional documents related to the probe into the president's son's taxes.
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Two Found Guilty in $1.3 Billion Conservation Easement Scheme
Jack Fisher and James Sinnott designed, marketed and sold to high-income clients abusive syndicated conservation easement tax shelters based on fraudulently inflated charitable contribution tax deductions, promising them deductions 4.5 times the amount the taxpayer clients paid.